Credits

Car loan «MG»

from 0% to 11,5% per annum

Interest rate

up to 60 months

Credit term

No more than 75% of the value of the car

Loan amount

General terms

Loan target

For the purchase of MG vehicles and other vehicles supplied by IE LLC “Asman Auto” and its authorized dealers.

Loan currency

Sum

Loan amount

No more than 75% of the value of the car

Initial payment

From 25% of the value of the car

Interest rate

from 0% to 11,5% per annum

Credit term

up to 60 months

Loan processing method

Bank branch

Form of issue

Non-cash

Collateral

- The motor vehicle being purchased must be pledged as collateral at a value of no less than 133.3% of the loan amount. - No additional collateral is required until the collateral agreement has been notarized or executed directly by the Bank.

Grace period

Repayment method

Differentiated, Annuity

Frequency of payments

Monthly

Borrower requirements

An individual who is a resident of the Republic of Uzbekistan and has reached the age of 23.

Loan Provision Order

By transferring the funds to the bank account of the individual entrepreneur (IE) LLC “Asman Auto”.

Required Documents

A) An identity document (passport, ID card, residence permit, etc.);
B) Vehicle Sale and Purchase Agreement;
C) Self-Employment Certificate (required when granting a loan to a self-employed individual);
D) The client’s spouse’s consent to pledge the motor vehicle purchased with the loan proceeds. If the client is unmarried, a document confirming their marital status as of the date of submission of the loan application must be provided. The Bank independently obtains information on the income of the Borrower/Co-Borrower(s), where available, in electronic form through dedicated information networks. If the Bank is unable to determine the Borrower’s income, supporting documents may be requested from the Borrower. Income information must cover a period of at least the last six (6) months.

Loan Service Fee

None

Additional Conditions

- The debt-to-income ratio of the borrower/co-borrower must not exceed 50%. - The borrower must have no outstanding arrears with the Bureau of Compulsory Enforcement (BPI). - For auto loans with a 0% interest rate, the penalty interest rate applied to overdue principal shall be set at three times the Central Bank’s policy rate. - The debt-to-income multiple must not exceed 8. - The borrower’s credit history over the past three years, as reported by credit bureaus, must be positive. The following delinquency thresholds apply: 30+ days past due: Up to 10 cases permitted. 60+ days past due: Up to 3 cases permitted. 90+ days past due: Not permitted.

Loan terms and interest rates

The amount of the initial payment	Loan period / Interest rate
The amount of the initial payment	12 month	18 month	24 month	30 month	36 month	42 month	48 month	60 month
25%	0%	0%	0%	4,0%	6,5%	8,5%	9,5%	11,5%
30%	0%	0%	0%	0%	5,5%	7,5%	9,0%	11,0%
40%	0%	0%	0%	0%	0%	5,5%	7,0%	9,5%
50%	0%	0%	0%	0%	0%	0%	4,5%	7,5%
60%	0%	0%	0%	0%	0%	0%	0,5%	4,5%
70%	0%	0%	0%	0%	0%	0%	0%	0%